TLRY
$TLRY sniper edition #6*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: On October 21, 2021 My team entered $TLRY at $11.56 per share. We increased our position on October 29, 2021 at $10.30 per share.
My team averaged down on our position today at $9.50 per share bringing our share average down to $10.45. We have also updated our take profits.
OUR FIRST ENTRY: $11.56
OUR 2ND ENTRY: $10.30
OUR 3RD ENTRY: $9.50
TAKE PROFIT 1: $15.30
TAKE PROFIT 2: $29.0
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TLRY Swing Idea, LongPlease note I am using the logarithmic scale for these charts.
TLRY was in a clear downtrend for 78 weeks, and has since been consolidating for 34 weeks. with highs of $300, and a current price of 7.40, this thing has huge potential for a large bounce. on the 1W chart, we have been essentially range bound since the highs and have recently broken above.
Trade Idea:
I will be position trading.
Buying throughout the trading session on NOV 13th, so long as $7 to $6.70 holds intraday.
SL if price breaks back into the long term range and breaks below the current higher low on the 4h chart, around 5.35
PT above 10 selling bits and pieces on the way up. Could see this retesting $25 and even $50
$TLRY is looking for a Pump!$TLRY is looking like it is getting ready for another pump once it breaks out of current trend.
My points being....
1. Strong Bullish RSI Divergence
2. The Old Supply area is acting as a New Demand level as seen with the red arrows
3. TLRY is creating a Falling Wedge Pattern which is known for being a bullish continuation pattern
4. The ATR is in an uptrend which means TLRY is gaining volatility. This is very important for breaking this wedge pattern.
My key resistance levels are listed.
Trade at your own risk and always buy/sell after a clear breakout and/or retest of the old trend!
Trade safe!
It's time to Long TLRYI see here an interesting spot to invest. The price comes to the strong resistance lvl: 10$.
It's key lvl by support lines also it's a strong psychological lvl.
So this is my argument 🧐:
📃 Oversold. -83% price dump from the last local High.
📃 10$ strong support zone.
🚀 Huge volume on 12$ - possible investors "accumulation zone".
🚀 Price "Plato" for the last 4 weeks. Looks like accumulation for the pump.
📃 Under 50 MA on W chart.
🚀 Risk/profit ratio ~ 4
So what I am expecting here: it's moving to 50 MA zone on W chart. It's ~16$ for now or 40% gain. SL you can put under 10$ support line.
Canopy Growth Corp - General Cannabis RunHey looks like CGC, TLRY, ACB and the WEED etf's are starting their general cannabis run. Canopy has come down to it's lows and might be looking to takeoff here, rsi weekly is starting to inflect and macd is crossing over this could run for a long time several months possibly back to 50$ area. Lower time frames are overbought so might see some red to start the week next week. A buy price of 13.00$ would't be too bad. Also check out EDEN.CN on the Canadian Securities Exchange: Eden Empire is a new player in the cannabis space in Canada and the U.S, they are starting grow operations and have chain of dispensaries and are growing and expanding fast! Other's to check out are mentioned above CGC, TLRY, ACB and the WEED etf's.
ca.finance.yahoo.com
ca.finance.yahoo.com
Big Moves SpeculationFundamental:
1. With indication of legalization, TLRY could potentially catch up nice momentum here.
Technical:
1. Clear breakout, This might push TLRY to previous highs. I've taken entry on dump after breakout.
Note:
Currently posting only TP1
I would like to see the sector movement as it approach the target
ACB 4hr setting up for an earnings breakoutVery very bullish on this name and sector. ACB has formed a falling wedge and a rounding bottom consolidation. With earnings on deck, im confidently long given my previous post on this being a similar setup to what we saw in 2015.
DIAMOND HAND IT above 6.61 breakup daily candle.
$TLRY the og sniper*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: On 10/22/21 My team entered $TLRY at $11.56 per share. We still plan to take profit at $29 per share, but just for laughs we have added a new exit for $TLRY at $145 per share.
My team increased our position at $10.30 per share on 10/29/21.
Their next earnings report is expected to be released 11/8-11/12.
ENTRY: $11.56
TAKE PROFIT: $29.00
MEME STOCK ABSURDNESS: $145
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$TLRY girl scout sniper*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
$TLRY and other cannabis related stocks have finally broken out of bearish territory. My team doesn't expect this brewing bullish momentum to slow down any time soon, especially with loosening regulation around the corner.
My team entered $TLRY today at $11.56 per share and plan to take profit at $29.
Their next earnings report is expected to be released 11/8-11/12.
ENTRY: $11.56
TAKE PROFIT: $29.00
If you want to see more, please like and follow us @SimplyShowMeTheMoney
TLRY - nowhere left to go but up! This wedge has finally been squeezed out and shorters have nowhere left to push. Time for TLRY to make the trek back to ATH - are you in? Don't chase! we could revisit the top of the wedge which would be a great buy point to set your limit order, then set a tight stop below the wedge. Good luck!






















